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Implementation theory

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Implementation theory is an area of research in game theory concerned with whether a class of mechanisms (or institutions) can be designed whose equilibrium outcomes implement a given set of normative goals or welfare criteria.There are two general types of implementation problems: the economic problem of producing and allocating public and private goods and choosing over a finite set of alternatives. In the case of producing and allocating public/private goods, solution concepts are focused on finding dominant strategies.

Implementation theory - Wikipedia Jump to content From Wikipedia, the free encyclopedia Implementation theory is an area of research in game theory concerned with whether a class of mechanisms (or institutions) can be designed whose equilibrium outcomes implement a given set of normative goals or welfare criteria. [ 1 ] There are two general types of implementation problems: the economic problem of producing and allocating public and private goods and choosing over a finite set of alternatives. [ 2 ] In the case of producing and allocating public/private goods, solution concepts are focused on

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